HOUSTON, Jan. 17, 2002 (PRIMEZONE) -- KMG Chemicals, Inc. (Nasdaq:KMGB), a global provider of specialty chemicals in carefully focused markets, announced that its plant in Matamoros, Mexico has recently been awarded a Clean Plant Certificate (Certificado de Industria Limpia) by PROFEPA, the Federal Agency for Environmental Protection in Mexico. The Clean Plant Certificate -- the highest honor PROFEPA offers -- requires that plants meet "the highest environmental standards for chemical plants available worldwide." Since the program began in 1997 the Clean Plant Certificate has been awarded to only 12 of the approximately 165 maquiladora plants in the Matamoros area.
David Hatcher, chief executive officer of KMG, said, "The company has invested significant resources into assuring that our facility in Mexico operates in an environmentally responsible manner. Our managers at our KMG de Mexico plant have worked very hard to qualify the plant for the PROFEPA program. The Matamoros community and our investors can be satisfied that the company has been officially recognized as operating its facility in compliance with rigorous environmental standards for the protection of water, soil and air."
KMG Chemicals, Inc., through its subsidiaries, produces and distributes specialty chemicals to carefully focused markets. The company grows by acquiring and managing stable chemical product lines and businesses with established production processes. Its wholly owned subsidiary, KMG Bernuth, Inc. is a global provider of wood preservation chemicals to the lumber treatment industry and herbicides to the agricultural markets. For more information, visit the company's Website at www.kmgchemicals.com.
The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, the impact of competitive services and pricing and general economic risks and uncertainties.